Key Investment Insights
AI generated. Confirm details with the seller.
Key insights for this business for sale listing include:
1. Strong trading history: The motel has a consistent and profitable trading history, with a net profit of $124,286 for the 2018/19 financial year.
2. Huge opportunity for growth: With a high visibility from the Highway and a picturesque location, there is potential for the business to grow and attract more customers.
3. Over 15% ROI: The business offers a high return on investment, with a net profit of over 15%.
4. Freehold going concern: The sale includes the freehold property, giving the new owner full control over the business and its assets.
5. 16 spacious rooms: The motel has 16 spacious rooms, providing comfortable accommodation for guests.
6. 2 bedroom manager’s residence: The manager’s residence includes a spacious lounge area and private retreat area for the owners.
7. Adjoining dining room with kitchen: The motel has an adjoining dining room with a kitchen attached, providing a convenient option for guests to dine in.
8. Outdoor amenities: Guests can enjoy a barbeque and outdoor seating area, as well as a games room and playground for families.
9. Secure parking and storage: The property has room for secure bus and trailer parking, as well as storage sheds for the handyman.
10. Potential for expansion: There is additional space on the property for potential expansion, providing opportunities for future growth.
11. Diverse customer base: The motel attracts a diverse range of customers, including corporate clients, contractors, workers in the area, and tourists travelling through the region.
12. Welcoming community: Heywood is a small country town with a welcoming community, making it an attractive location for visitors.
13. Located on the Princes Highway: The motel is situated on the Princes Highway, a major highway connecting Melbourne to Adelaide, providing a steady flow of passing traffic.
14. Glenelg Shire: The motel is part of the Glenel
